Land - Real Estate in Sarasota
Listing Price: $7,500,000 (Sale Pending) (Mortgage Calculator →)
Description of Property
Tucked away on highly sought-after Bay Island, just over the North Siesta Key Bridge, 679 Norsota Way is a rare opportunity to own a piece of Sarasota’s architectural history or create something entirely new. Built in 1926, this Mediterranean Revival Spanish Colonial estate sits gracefully on an expansive 2/3-acre lot, offering timeless character, generous scale, and unmatched potential. The property is one of the largest parcels on Bay Island with 150 feet of deep water bayfront, presenting a rare offering for a new waterfront estate with perhaps the most coveted view in Sarasota. The existing 3,788 sqft two-story residence captures breathtaking views overlooking Sarasota Bay, the Ringling Bridge, and the downtown skyline, a daily backdrop that defines true coastal living. Importantly, the property is not historically designated, presenting a high level of flexibility. For those seeking new construction, this exceptional 2/3-acre homesite offers the opportunity to start fresh without the constraints of an HOA or significant building restrictions, an increasingly uncommon advantage in such a premier location. No deed restrictions or grand oaks constrain future construction. Perfectly positioned just 10 minutes to downtown Sarasota and 5 minutes to the beach, this property blends privacy, proximity, and prestige in one of the area’s most coveted neighborhoods.















Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Bay Island
Annual Tax: $23,415
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Gulf/Ocean to Bay
Water Name: SARASOTA BAY
Utilities: Water Connected
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Room For Pool
Lot Size (acres): 0.66
Lot Size (sq. ft.): 28,875 square feet
Lot Dimensions: 150 x 192.5
Road Frontage: City Street
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2019070038
Zoning: RSF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 7 8 BAY ISLAND
Section: 36
Range: 17
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.